Search Results for: traditional banking
Hinkal Closes Strategic Funding Round to Advance Discreet Trading and Position Liquidation
Hinkal, a multi-chain privacy layer for confidential decentralized finance (DeFi) transactions, today announced a $1.4 million strategic funding round led by SALT Fund, with participation from Draper Associates, SNZ and Peer VC. Additionally, Tal Cohen, CEO of Kraken US, joined the company advisory board. The raise follows the close of Hinkal’s $4.1M seed funding round in November of......
Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study
Fraud has increased for 54% of Indian organisations year-on-year. In APAC, digital channels account for more fraud losses than physical channels. Four in five Indian organisations say fraud is affecting their customer conversion rates. LexisNexis Risk Solutions has unveiled the findings of its 2023 LexisNexis True Cost of Fraud Study......
Paystand Acquires Teampay for Giant Leap Toward B2B Payment Revolution
Combined Company Creates No-Fee B2B Digital Payment and Spend Powerhouse That Services Over 1 Million Businesses Paystand, the global leader in blockchain-enabled B2B payments, today announced the acquisition of Teampay, an industry-leading spend management software. The transaction creates a B2B payments powerhouse whose continued goal is to revolutionize payments by......
Visa Joins AWS Partner Network to Help Simplify Global Digital Payments
Visa to streamline access to select services via the AWS partner network for its cloud-native fintech, financial institution, and enterprise clients Visa, a world leader in global digital payments, announced it has joined the AWS Partner Network (APN), a global community that leverages AWS technologies, programs, expertise, and tools to......
UniWyo Credit Union Completes Successful Merger with the Help of Jack Henry
Growing credit union benefits from open, scalable platform to support expansion throughout the state of Wyoming UniWyo Credit Union’s strong relationship with Jack Henry enabled it to successfully complete its merger with Reliant Federal Credit Union. UniWyo Credit Union and Reliant Federal Credit Union merged in the third quarter of 2023, collaborating on the......
FloQast Appoints Josh Glover as President and Chief Revenue Officer
Glover brings seasoned leadership to drive company momentum, oversee revenue growth, and market expansion FloQast, a Finance and Accounting Operations Platform provider, announced the appointment of Josh Glover as President and Chief Revenue Officer (CRO). Glover brings to FloQast an extensive background in leadership in both civilian and military roles......
Ouro and Real Madrid Partner to Deliver Innovative Financial Products to Football Fans Around the Globe
Renowned football club and fintech pioneer to develop co-branded digital banking solutions across Ouro portfolio of payment brands Ouro, a global financial services and technology innovator, and the Real Madrid Football Club announced a strategic partnership agreement to develop and deliver co-branded financial solutions to fans in key markets globally,......
Splitit Unveils FI-PayLater: Empowering Banks to Provide In-Checkout Installments for Existing Customers
Splitit, the world’s largest card-linked installment platform, powering thousands of merchants and millions of shoppers, announces the launch of FI-PayLater. Splitit will unlock its extensive merchant network to banks and card issuers (FIs) that wish to offer installment plans to existing customers, directly at the merchant checkout. Splitit’s groundbreaking solution,......
PayToMe.co Launches AI-Driven KYC to Power Global E-Commerce with ShipToBox.com
Partnership Strengthens International B2B2C Transactions with Enhanced Financial Services and Security PayToMe.co, a leader in fintech innovation, is thrilled to announce the successful launch and integration of its comprehensive suite of services, including advanced AI and KYC technologies, with ShipToBox.com, an award-winning e-commerce and shipping platform. This collaboration significantly boosts......